China's yuan hits 15-year low after Xi extends rule
The onshore yuan fell as much as 0.6% to 7.3084 per dollar, its weakest level since December 2007 and close to the lower limit of the trading band set by the central bank on Tuesday.
Big or small? Economists tell how Budget 2023 could help fight recession
They urge the government to avoid a populist budget, and to 'really deal' with economic issues instead.
Remove power to create money from banks, govt urged
A former banker says such power should be given to the government under the authority of Parliament.
Ringgit slips to new 24-year low against US dollar
This is in line with lower oil prices as more investors shift towards safe-haven assets.
Ringgit value will continue to fall for now, says economist
The strengthening of the US dollar, driven by the increase in US interest rates, has caused a decline not only in the ringgit but in other currencies as well.
US dollar hits 20-year high as Fed flags rates higher for longer
The dollar index scaled to a fresh two-decade peak of 109.4 in early Asia trade, with greenback strength pushing other major currencies to new lows and putting pressure on its emerging markets counterparts.
Ringgit slump due to external factors, economists say
But there is also a silver lining to the drop in ringgit value, they add.
Ringgit expected to stabilise against US dollar in second half of 2022
HSBC also expects the local currency to strengthen to 4.28 by the end of the year.
A case for pegging the ringgit
The fact remains that the 1998 pegging was successful.
Ringgit is fourth most undervalued currency, says latest global purchasing power index
A comparison of purchasing power through the price of the iconic Big Mac burger suggests that the ringgit is undervalued by as much as 58.9%.
Once Asia’s high flying currency, Thai baht now plunging to new lows
Because of the country's over-reliance on tourism, the Thai baht is fast turning into Southeast Asia's worst performing currency.
El Salvador becomes first country to approve bitcoin as legal tender
El Salvador's main currency is the US dollar and it remains unclear how the country plans to implement bitcoin as a functioning currency.